Two-Home Duplex Income
527 KINGS CT San Antonio, TX 78212
527 KINGS CT, San Antonio, TX, 78212
$675,000
For Sale
$675,000
MULTI_FAMILY - San Antonio, TX
Property Size2,332 SF
Lot Size0.72 Acres
Price / SF$289.45
Days on Market21
Property Features for 527 KINGS CT
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-4
- Standard status
- Active
- Size
- 2,332 SF
- Lot size
- 0.72 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19951
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1935
Listing agency
Keller Williams Heritage
(210) 493-3030
Listed by
Alicia Stumph
(210) 493-3030
Added: Jul 3 Checked: Jul 23 at 12:06AM
MLS# 1997326
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property includes two separate homes on a single lot, totaling two living spaces: a Craftsman-style main residence built in 1930 and a detached guest unit. The main home is approximately 1,972 square feet and is complemented by an additional 600 square feet in the detached unit. With both structures on one site, the layout supports a range of household or income arrangements, including guest accommodations and long- or short-term rental use, depending on each unit’s setup.
The site is situated on approximately 0.72 acres in San Antonio and is zoned R-4. The property is located within the City of San Antonio’s Historic Tax Incentive Program. Access is supported by an existing survey that may help guide considerations around adding structures or maximizing use of the lot. The location places the property minutes from The Pearl and downtown San Antonio, and about 3 miles from Project Marvel.
For tenants, buyers, or operators looking for a flexible residential income configuration, the two-home setup can accommodate multigenerational living or provide options for renting one home while using the other. The detached unit also creates a straightforward way to separate uses between households or guest space. Those focused on development possibilities may find the R-4 zoning, lot size, and available survey helpful for planning next steps, subject to applicable approvals.
The site is situated on approximately 0.72 acres in San Antonio and is zoned R-4. The property is located within the City of San Antonio’s Historic Tax Incentive Program. Access is supported by an existing survey that may help guide considerations around adding structures or maximizing use of the lot. The location places the property minutes from The Pearl and downtown San Antonio, and about 3 miles from Project Marvel.
For tenants, buyers, or operators looking for a flexible residential income configuration, the two-home setup can accommodate multigenerational living or provide options for renting one home while using the other. The detached unit also creates a straightforward way to separate uses between households or guest space. Those focused on development possibilities may find the R-4 zoning, lot size, and available survey helpful for planning next steps, subject to applicable approvals.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $17.40 |
| − Vacancy | −$2.2k | −$0.96 |
| EGI | $38.3k | $16.44 |
| − OpEx | −$11.5k | −$4.93 |
| NOI | $26.8k | $11.51 |
2,332 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$383.5K
$335.5K – $447.4K
NOI $26,842 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$340.3K
$297.8K – $397.0K
NOI $23,821 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$594.9K
$520.5K – $694.0K
NOI $41,640 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two residences on one R-4 zoned lot, offering flexible setups for rentals, guests, or multigenerational living.
Where is this duplex located?
The property is located at 527 KINGS CT San Antonio, TX.
What is the asking price?
The asking price for this property is $675,000.
